Battery Partners IX, LLC - Apr 10, 2023 Form 4 Insider Report for Sprinklr, Inc. (CXM)

Role: 10%+ Owner
Signature: /s/ Christopher Schiavo, as Attorney-in-Fact for Battery Partners IX, LLC
Stock symbol: CXM
Transactions as of: Apr 10, 2023
Transactions value $: -$8,393,600
Form type: 4
Date filed: 4/12/2023, 06:12 PM
Next filing: Jun 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CXM	Class A Common Stock	Other	$0	-3M	-14.61%	$0.00	17.5M	Apr 10, 2023	By Battery Ventures IX, L.P.	F1, F2
transaction	CXM	Class A Common Stock	Other	$0	-30.3K	-14.76%	$0.00	175K	Apr 10, 2023	By Battery Investment Partners IX, LLC	F3, F4
transaction	CXM	Class A Common Stock	Other	$0	+3M		$0.00	3M	Apr 10, 2023	By Battery Partners IX, LLC	F5, F6
transaction	CXM	Class A Common Stock	Other	$0	-3M	-100%	$0.00^*	0	Apr 10, 2023	By Battery Partners IX, LLC	F6, F7
transaction	CXM	Class A Common Stock	Sale	-$3.63M	-285K	-100%	$12.71	0	Apr 11, 2023	Direct	F8, F9, F10
transaction	CXM	Class A Common Stock	Sale	-$2.72M	-214K	-100%	$12.69	0	Apr 11, 2023	Direct	F11, F12, F13
transaction	CXM	Class A Common Stock	Sale	-$2.05M	-160K	-100%	$12.84	0	Apr 11, 2023	By Trust	F9, F14, F15
transaction	CXM	Class A Common Stock	Gift	$0	-288K	-100%	$0.00^*	0	Apr 11, 2023	Direct	F12, F16, F17
holding	CXM	Class A Common Stock						216K	Apr 10, 2023	By Battery Investment Partners Select Fund I, L.P.	F18
holding	CXM	Class A Common Stock						2.18M	Apr 10, 2023	By Battery Ventures Select Fund I, L.P.	F19

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Ventures IX, L.P. ("BV IX") to its general partner without additional consideration.
F2	Securities are held by BV IX. Battery Partners IX, LLC ("BP IX") is the general partner of BV IX and may be deemed to beneficially own the securities held by BV IX. Michael M. Brown, Jesse R. Feldman and R. David Tabors are managing members of BP IX and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.
F3	Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Battery Investment Partners IX, LLC ("BIP IX") to its members without additional consideration.
F4	Securities are held by BIP IX. BP IX is the managing member of BIP IX and may be deemed to beneficially own the securities held by BIP IX. Michael M. Brown, Jesse R. Feldman and R. David Tabors are managing members of BP IX and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.
F5	Represents receipt of securities in the distribution in kind described in footnote (1).
F6	Securities are held by BP IX. Michael M. Brown, Jesse R. Feldman and R. David Tabors are managing members of BP IX and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its or his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.
F7	Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by BP IX to its members without consideration.
F8	The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $12.71 to $12.73 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.
F9	The securities beneficially owned by the Reporting Person prior to the reported transaction reflect the receipt of securities in the distribution in kind described in footnote (7).
F10	Securities are held by Michael M. Brown.
F11	The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $12.54 to $12.83 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.
F12	The securities beneficially owned by the Reporting Person prior to the reported transaction reflect the receipt of securities in the distributions in kind described in footnotes (3) and (7).
F13	Securities are held by Jesse R. Feldman.
F14	The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $12.75 to $12.91 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.
F15	Securities are held by the Spiller Stoner Family Trust Dated 8/22/13, of which Chelsea R. Stoner is a trustee. Ms. Stoner disclaims beneficial ownership of these securities except to the extent of her proportionate pecuniary interest therein.
F16	Gift without consideration.
F17	Shares are held by R. David Tabors.
F18	Securities are held by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BIP Select I is Battery Partners Select Fund I GP, LLC ("BP Select I GP"). Michael M. Brown, Jesse R. Feldman and Chelsea R. Stoner are managing members of BP Select I GP and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its, his or her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.
F19	Securities are held by Battery Ventures Select Fund I, L.P. ("BV Select I"). The sole general partner of BV Select I is Battery Partners Select Fund I, L.P. ("BP Select I"). The general partner of BP Select I is BP Select I GP. Michael M. Brown, Jesse R. Feldman and Chelsea R. Stoner are managing members of BP Select I GP and may be deemed to share voting and dispositive power over these securities. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its, his or her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of for any other purpose.